Expanding rural Savings and Loans scheme in Uganda

by ICA:UK
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Expanding rural Savings and Loans scheme in Uganda
Nov 11, 2020

Building momentum?

A typical meeting of a VSLA
A typical meeting of a VSLA

This has not been an easy year for the communities around Budaka, a rural District about an hour from Mbale, the nearest large town. Although not affected significantly by COVID, people still had to cope with the restrictions on meetings and travel imposed by the national Government, limiting the business and trading opportunities that they usually depend.

Through this time, the Village Savings and Loans Associations (VSLAs) have continued to meet, members have continued to contribute and take loans. The extent to which the level of this activity has been affected by the restrictions will become clear in December, when the groups meet to close the year and review their experiences, but the impression so far is that the Associations have continued to function and continued to provide a valuable resource for the community members.

Since our last report we have had a few donations towards our plan to expand the number of groups, so we will renew our efforts over the coming weeks in the hope of raising more funding for work in 2021. Thanks to our donors we hope to be bringing new skills and opportunities to communities and provide them with an additional option for coping with the challenges their daily lives bring 

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Organization Information

ICA:UK

Location: Manchester - United Kingdom
Website:
Facebook: Facebook Page
Twitter: @ica_uk
Project Leader:
Jonathan Dudding
Manchester, United Kingdom
$308 raised of $5,400 goal
 
3 donations
$5,092 to go
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